Top 10 Markets for Increasing Median Home Prices

Where are homeowners celebrating? Where are prospective buyers driving up prices? To answer these burning questions, we looked at markets with the largest year-over-year median home price increases.

According to realtor.com® data, Stockton, CA, topped the list with a whopping 38.9% increase in median price in the last 12 months. The other nine metropolitan areas in our top 10 all notched gains above 20%, making them the hottest places to buy.

This home on 415 W. Park Lane is roughly double the median price of a Stockton home, but its size and pedigree merit a look from anyone hoping to capitalize on the red-hot Central Valley real estate market.

We found a Vegas home right around the median price. What will $179,000 in Sin City get you? You will find a home far from the bright lights of The Strip, located at 5128 Blossom Ave. The two-story home offers 1,900 square feet of living space with four bedrooms and 2.5 bathrooms.

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3. Reno, NV — Median Home Price: $259,900 (+26.8%)
At $484,000, this home at 3850 Royer Court is above Reno’s median price. But the contemporary style and brilliant city views might be worth the splurge.

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4. Detroit — Median Home Price: $119,900 (+26.3%)
Detroit’s problems have been well-documented, but the median home price made a stunning leap over the past year. Even with the big gains, this colonial charmer can be yours for only $120,000.

5. Riverside, CA — Median Home Price: $292,800 (+24.6%)
Coming right in at Riverside’s median price, this cute triplex built in 1920 allows you to play landlord.

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6. Orange County, CA— Median Home Price: $599,900 (+23.7%)
In Orange County we picked a mansion that would make any real housewife happy. This huge home in Anaheim Hills is listed at $3.398 million, and for that price tag you will have three acres to play on.

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7. Fresno, CA — Median Home Price: $229,000 (+21.2%)
Fresno saw a healthy jump in home prices over the last year. You’ll jump when you see the price on this newer home in a gated community. Listed for $369,500, the house offers three bedrooms and two bathrooms.

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8. Bakersfield, CA — Median Home Price: $179,999 (+20.1%)
What can you get on the streets of Bakersfield for the median price? How about a brand new home?

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9. Los Angeles — Median Home Price: $449,999 (+20%)
This modern stunner in the Hollywood Hills is listed well above the median at $1.895 million but you’ll be comforted by the fact that you’re buying into a booming market in Southern California.

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10. Denver — Median Home Price: $329,000 (+19.6%)
Spanish style in the Mile High city? Why not? This charming casa is listed at $520,000 and offers details aplenty for any Denverite looking for something different.